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He wants financial advice, and from the fact that it was the finance folk
who caused the whole bubble to burst by believing their own pr, its hardly surprising if they have no idea what is going on. However, seems to me, that there has been significant investment in development of the tin can end, and if one could find the right tin can flinger, then it might actually be worth doing. However, the real worry about all this is that in a few years when another administration comes along with different principals and agenda, it could all turn on its head again. One needs to ask this question, I think. When such programs are given the go ahead, first, realistic protected funding to allow completion should be agreed for the full development cycle, uncancellable by the next administration. Effectively, this means the various parties working to tether at the start.. A toufh thing, I know, but more good money is thrown down bottomless pits by stop go programs with unrealistic funding as it is, so some common sense needs to come into this. With no bad guy out there to beat, then it comes down to doing it because we can. Forget the brownie points culture. At least if such a program was started, there would not have been the half baked make do and mend bodges of launchers this program had to adopt to actually get anywhere near a working system under the criteria of Bush bluster economics. Other than that, it should be a truly international effort to get to somewhere really useful on a scale hitherto unseen I think. It is though, obvious that for some time humans need to develop reliable, repairable hardware for their life support in remote places, and I guess this is best done close to home. Brian -- Brian Gaff....Note, this account does not accept Bcc: email. graphics are great, but the blind can't hear them Email: __________________________________________________ __________________________________________________ __________ "Jeff Findley" wrote in message ... "Jonathan" wrote in message ... Gencorp makes the engines for Orion, and their stock just tanked some 40% on heavy shorting. Has Orion been canceled in the budget? I'm thinking about buying a bunch of their stock looking for a short term bounce/short squeeze. Have you been living under a rock? This news has even made it to the popular media. Essentially the entire Constellation program is cancelled from the Administration's proposed NASA budget. This includes Ares I, Ares V, Orion, Altair, and etc. Jeff -- "Take heart amid the deepening gloom that your dog is finally getting enough cheese" - Deteriorata - National Lampoon |
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![]() I suspect we are in the middle of the W of this economic depression. When a rainy day fund is proposed in the State house the idea is watered down and/or raided. So how likely is steady funding for a space project likely to be mandated? The old women males (mainly) in both houses of congress need to be able to milk this "cow" every year and to mention their famous yearly pork hunt. Yes, a big projects need a better avenue of funding. Allow NASA to directly tax airlines or imports? It's past midnight literally and figuratively.............Trig |
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